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    Property profile & analytics

    11496 State Rte 588 Rio Grande, OH 45674

    • Turn key restaurants
    • 3,038 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Last Sale
    Aug 22, 2023
    $240,000
    Location Intelligence
    Property ID
    US66-4780037
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 11496 State Rte 588

    Year built
    1870
    Construction
    FRAME
    Lot size
    0.87 lot acres
    Property size
    3,038 SF
    Property type
    Turn key restaurants
    APN
    2600118400
    APU
    2600118400

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rio Grande
    County
    Gallia
    State
    Ohio
    Longitude
    -82.3758
    Latitude
    38.8859
    CBSA code
    38580
    CBSA name
    POINT PLEASANT, WV-OH MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,480
    $8,790
    $61,240
    $70,030
    -
    $25,110
    $174,960
    $200,070

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      150 College St

      RESTAURANT • 1,200 SF
      150 College St, Rio Grande, OH 45674
      View Details
    • Value Estimation
      $200,000
      1,264 SF

      R 588

      RESTAURANT • 1,264 SF
      R 588, Rio Grande, OH 45674
      View Details
    • Value Estimation by Request
      0.43 Acres

      27 College Ave

      FINANCIAL BUILDING • 0.43 Acres
      27 College Ave, Rio Grande, OH 45674
      View Details
    • Value Estimation
      $70,000
      2,566 SF

      296 College St

      RETAIL STORES (PERSONAL SERVICES) • 2,566 SF
      296 College St, Rio Grande, OH 45674
      View Details
    • Value Estimation by Request
      1,064 SF

      205 Atwood St

      AUTO REPAIR, GARAGE • 1,064 SF
      205 Atwood St, Rio Grande, OH 45674
      View Details
    • Value Estimation
      $180,000
      720 SF

      R 588

      CONVENIENCE STORE • 720 SF
      R 588, Rio Grande, OH 45674
      View Details
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    11496 State Rte 588
    Rio Grande, OH 45674
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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